Make Way for the Workforce Revolution
With a rapidly evolving marketplace and a changing economic climate, itís time organizations take the plunge and embrace a global workforce. Global is the new local.
Getting Ready for the Future of Prepaid Wireless and Services
Seeing into the future was the goal of this yearís Prepaid Press Expo. Speakers covered topics that showed where the prepaid wireless industry is today, where it is going in the future, and how companies can be prepared for the future that is coming.
People are confusing what a mobile wallet is and have now assigned the meaning to a mobile wallet to be the used to store a card and pay a merchant. What we define as a real need for the consumer is to have a stored value account that can be managed exclusively from your phone or from a phone and offering all of the services that customer like the unbaked do not have access to today.
InComm Teams Up with eBay
Consumers have gotten used to picking out gift cards from racks in supermarkets, drug stores, department stores, and convenience stores. They purchase gift cards through the internet, by accessing favorite retail websites, such as Starbucks or Home Depot, and by shopping on general purchase gift card sites.
How Consumers and Retailers Can Benefit
Shoppers and retailers alike can take advantage of technology thatís revolutionizing closed-loop prepaid cards and mobile payments, according to speakers at a strategy session presented online by Mercator Advisory Group and CashStar.
Digital Gift Cards Fastest Growing Segment
For the ninth straight year, consumers place gift cards at the top of their list of the most requested items during the holiday season, according to National Retail Federationís (NRF) annual Holiday Spending Survey. The survey predicts that digital buying and browsing will take up more than half of consumersí time spent shopping Ė underscoring the importance for brands to get the digital gifting experience right in order to have a successful holiday season.
Reliable Platforms Can Generate Revenue
Self-serve kiosks can be powerful tools for the ďconvenience marketsĒ and for the prepaid market, specifically the unbanked and underserved, who make up about 28.3 percent of all households, according to federal studies.
Acting Director of MSBA, a New Trade Group
Veteran association executive Kathy Tomasofsky is assuming a leadership role at the new Money Services Business Association during a time of great change in the industry. At the very moment that digital currencies seem poised to reshape the business, it appears that state and federal regulators are contemplating stronger rules and closer scrutiny. Against that backdrop, The Prepaid Press asked Tomasofsky about her reasons for leaving one trade group for another and what she sees ahead in prepaid and funds transfer.
Teaching the Art of Saving
A new use for gift cards has been launched. Giving shares of a stock to a child is not a new idea, but itís been tricky to execute and administer. Now there is a way to skip paperwork and give the gift of investment by means of a gift card, a favorite prepaid product.
What it Takes to Keep Customers
Given the intense competition in the wireless industry and scant new growth, loyalty and customer retention are major problems for postpaid and prepaid service providers, both traditional and MVNOs. Keeping your customers happy requires knowledge of your market and staying on top of what the competition is doing. So letís see whatís happening in prepaid.